All those banks and other financial institutions that have gone bust, or been bailed out, over the past 20 years demonstrate that the sector’s corporate conduct has been wayward, to put it mildly. That these dodgy outfits are located in the UK, USA, EU, Japan – virtually anywhere – suggests that, at root, their problems may have as much to do with human nature as jurisdictional regulation.
How is it that we’ve ended up with a system in which banks have the power to create money?
Former IMF chief economist Simon Johnson discusses the influnce that Wall Street banks have in Washington D.C.
Prof. Michael Hudson gives a series on the global economic crisis. Views you will not get in the mainstream.
We met Ben Dyson and Andrew Jackson from Positive Money and discuss their proposals to reform the monetary system.